Bybit vs. Nexo vs. WhiteBIT Comparison Chart

Established in 2018, Bybit is a cryptocurrency derivatives platform that supports both inverse and linear perpetual contracts. Registered in the BVI, Bybit's users come from all over the world, ranging from individual retail clients to professional traders. Bybit's founder and CEO, Ben Zhou, was formerly from XM, one of the world's largest forex and CFD trading brokerage firms. The company comprises professionals from investment banks, tech firms, the forex industry, and early adopters of blockchain. The development team includes talents from Morgan Stanley, Baidu, Alibaba, and Tencent. Our core values define us. We listen, care, and improve to create a faster, fairer, and more humane trading environment for our users. As of today, Bybit is one of the most trusted, reliable, and transparent cryptocurrency derivatives platforms in the space. We are committed to creating a fair, transparent and efficient trading environment, and offer 24/7 multi-language support as part of our service.

WhiteBIT is the largest cryptocurrency exchange in Europe by traffic and is part of the W Group. As of April 2025, WhiteBIT has over 1,300 institutional partners and an annual trading volume exceeding $2.7 trillion. The platform serves over 8 million users from the EU, South America, and Asia. The total number of users in the W Group ecosystem exceeds 35 million. The company was founded by Volodymyr Nosov, who is the president of W Group, in November 2018. WhiteBIT focuses on fast order execution and improving liquidity for users. As of April 2025, the platform supports over 340+ cryptocurrencies, more than 700+ spot-, 200+ futures pairs, and 9 fiat currencies. The platform offers a competitive fixed fee structure of 0.10% for both makers and takers. It also provides margin and futures trading with leverage up to 10X and 100X, respectively, with a daily fee of 0.0585% for using funds.